Tiptree Financial Inc. (TIPT) Set to Announce Earnings on Tuesday
COPYRIGHT VIOLATION NOTICE: This news story was originally published by American Banking News and is owned by of American Banking News. If you are accessing this news story on another domain, it was illegally stolen and republished in violation of US & international trademark & copyright legislation. The correct version of this news story can be accessed at https://www.americanbankingnews.com/2017/11/02/tiptree-financial-inc-tipt-set-to-announce-earnings-on-tuesday.html.
An institutional investor recently raised its position in Tiptree Financial stock. State Street Corp grew its stake in Tiptree Financial Inc. (NASDAQ:TIPT) by 5.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 397,363 shares of the financial services provider’s stock after purchasing an additional 21,556 shares during the quarter. State Street Corp owned approximately 1.37% of Tiptree Financial worth $2,801,000 as of its most recent filing with the SEC. Institutional investors own 45.08% of the company’s stock.
A number of brokerages have recently issued reports on TIPT. TheStreet lowered shares of Tiptree Financial from a “c” rating to a “d+” rating in a research note on Friday, August 18th. BidaskClub lowered shares of Tiptree Financial from a “hold” rating to a “sell” rating in a research note on Wednesday, August 16th.
Tiptree Financial Company Profile
Tiptree Inc, formerly Tiptree Financial Inc, is a diversified holding company that acquires and manages controlling interests of operating businesses. The Company conducts its operations through Tiptree Operating Company, LLC (the Operating Company). It operates through four segments: specialty insurance, asset management, senior living and specialty finance.
Receive News & Ratings for Tiptree Financial Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tiptree Financial Inc. and related companies with MarketBeat.com's FREE daily email newsletter.